Because of the legal structure of a CO-OP, they seem to have more 'discretion' over who buys in, and IF they allow renting.I've had the same thing occasionally happen in Condos.Best approach: DYOR and make sure you understand the process for the particular building you want to buy into.

You want to create a strong & trusting relationship with your lending contact, but occasionally looking at different options should not be discouraged.

You can occasionally refi one instead of selling it... then the money that comes out isn't taxed, but you have to slowly pay it back in.

If you have family in an area, where someone can just drive by occasionally, all the better.

In addition to Gordon, check out Dave Van Horn who occasionally posts here on BP. 

I occasionally have some off market opportunities, are you interested in more deals?"  

Occasional jems, but not often and the jems are not easy to find and still involve a fair amount of work to profit. 

There are some investors as members on here that are very busy that I work with buying properties on occasion.They are flying all over the country looking at properties to purchase etc.I only do deals in Georgia currently but they buy all over.So I would assume some are real busy doing deals and only glance at the site occasionally as that's all they have time for.Some are just readers more than posters.It's the way all forums work.

I take checks, money orders,, and occasionally cash in person where I can write a receipt..

After living in survival mode for the last 5 years, we're finally back on track and able to save/invest more than a pittance each month.It feels like we're being thrown into the deep end with no training, going from budgeting down to the last dollar every month, occasionally forced to rely on the generosity of friends and family, to being responsible for dozens of units within such a short time.